Record the appropriate journal entry to reflect the following: Veggies-R-Us, Inc uses the allowance method to determine their bad debt expense. The allowance for bad debts is based upon the balance in accounts receivable. Based upon past experience, Veggies-R-Us, Inc. uses the rate of 0.75% (.0075) of accounts receivable to determine the appropriate balance in the Allowance for Doubtful accounts. Round the balance in this allowance account (your calculated year end balance) to the nearest whole dollar. Information that is available at December 31, 20XX for Veggies-R-Us is as follows: Accounts Receivable: $47,630.00 Allowance for Doubtful Accounts: debit balance $250.00 Credit sales for 20XX: $132,400.00 Bad Debt Expense for 20XX; -O